Browsing Tag

Kobo

Dangote Unveils: Government Nets 52 Kobo from Each N1 of Cement Revenue

Understanding the Economic Impact of Aliko Dangote's Contributions Aliko Dangote, the wealthiest individual in Africa, recently made headlines for revealing a striking statistic: the Federal Government of Nigeria earns a substantial 52 kobo from every N1 generated by his cement enterprise. This revelation, delivered during the Taraba International Investment Summit 2025 held in Jalingo, sheds light on the financial dynamics between private industry and government. Speaking at this investment forum, Dangote…

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